Airbnb Faces EU Clampdown for Tax Avoidance
European Union Finance Ministers are reportedly in talks around ensuring home-sharing platforms – including Airbnb – pay their fair share of taxes.
Author: Robert
Understanding Non-Domiciles
Domicile – or your place of residence – can have a huge impact on your tax liabilities. However, understanding the concept of domicile and its subsequent impact on taxes can be tricky. Let’s break it down.
New EU Anti-Money Laundering Rules
The European Union has instituted new rules designed to make it tougher for terrorist groups and criminal organizations to hide their money by moving it into European countries.
How Companies Profit from Intellectual Property
Intellectual property, including trademarks, patents, copyright, designs, and corporate secrets, are incredibly valuable assets for businesses across the world.
5 Expert Wealth Management Tips
When people think of “wealth management,” they often conjure up thoughts of complicated financial concepts and elaborate financial processes.
What You Should Know about Controlled Foreign Companies
In many countries across the world, governments use the Controlled Foreign Company designation to ensure that domestic tax bases are not eroded and to discourage their citizens from shifting their income to jurisdictions that either do not impose tax or that have very low tax rates.
Major Study Reveals the Wealthy Avoid Taxes More than Previously Thought
Tax records are absolutely integral to the study of economic inequality, providing comprehensive information on income – and in some countries the wealth – of taxpayers in a given jurisdiction.
Mastermind in $2.2 Billion Tax Evasion Scam Nabbed
Philip Jepson Egglishaw, the mastermind of an elaborate tax evasion scam, was arrested in Italy early last month on charges related to fraud and money laundering.
Are Americans Abroad Ditching Their Citizenship because of Tax Burdens?
Each and every year, millions of Americans living abroad have to file their tax returns and pay what they owe to Uncle Sam. Believe it or not, the US is one of just two countries in the world to tax citizens living abroad.
4 Ways Big Companies Avoid Taxes
On paper, the US has what is often said to be the highest corporate income tax rates in the developed world. At 35 percent, the US’s corporate income tax is the highest rate compared to all of the OECD industrialized nations.